Internal control policies are audited to ensure they are sufficiently strong and functional. An effective audit assists organizations in meeting their goals and objectives by regulating overall performance and fertility based on transactions and business documents. Audits also reduce risk and protect against fraud. Audits provide investors and shareholders with specific information about financial records and how well an organization is doing.
Audits rely on data analysis and judgment. Many businesses have a lot of data but little information. The ability to review data and interpret the findings is a crucial skill. It enables us to make accurate statements based on facts and helps businesses make sound decisions in difficult situations. It also provides an audit trail and mitigates risk.
This Analytical and Auditing Skills training course teaches trainees how to extract secrets from data under pressure and provides bright and consistent standards for systematic work. This is a highly practical course, with an emphasis on learning by doing rather than "Death by PowerPoint". The majority of the time is spent with representatives going over case studies and exercises.
Participants will get thorough training on the topics capped by the seminar outline with the lecturer utilizing a variety of proven adult learning teaching and facilitation techniques. The main training seminar methodology is the use of case studies and practical exercises. Trainees perform their analysis of databases provided by the lecturer.